In an address to the Berlin Agriculture Ministers meeting last month, World Trade Organisation (WTO) Director General Pascal Lamy said export restrictions are a prime cause of recent surges in global food prices, and countries should find other ways of securing domestic supplies (“WTO chief: Alternatives to food export curbs needed”, Business Standard, January 23). Though export restrictions are an important contributor to rising food prices, they are by no...

Surinder Mahato is a worried man. A small farmer on the outskirts of Bihar's capital Patna, he laboured throughout last year's drought to ensure that his farm's output of rice was not affected. But he now stares in distress at the stacks of paddy lying in his hut. 'I am waiting to sell my crop, but due to the government negligence, I am forced to sell at throwaway prices to local...

Onion prices continued to slide in the wholesale market at Gultekdi Market Yard on Monday due to excess supply of the commodity, prompting farmers to stage strong protest demanding higher procurement price by commission agents. Agriculture Produce Market Committee (APMC) The agitation started early in the morning and farmers disrupted supply of vegetables and other commodities to the wholesale market. They were called for a meeting by the commission agents...

There’s both good news and bad news on the food front.   The good news is that wheat, maize and pulses production during the current year will be the highest that India has seen. Wheat production was expected to be high, thanks to the twin advantages of a high procurement price —- higher than international prices —- and favourable weather conditions. But pulses production too has zoomed, because of the soaring prices in the...

Indian Home Minister Palaniappan Chidambaram is the nation's domestic security chief, overseeing a broad portfolio that includes battling a homegrown Maoist insurgency and routing out terrorists. The 65-year-old, a veteran of the ruling Congress Party who previously held senior economic posts and played a key role in the country's post-1991 liberalization, is considered a future contender for the post of prime minister. Recently, he spoke to The Wall Street Journal. Here...